N.M. Admin. Code § 5.7.32.11

Current through Register Vol. 35, No. 24, December 23, 2024

Section 5.7.32.11 - RESPONSIBILITIES OF THE DEPARTMENT

The department shall be responsible for:

A. developing program guidelines;

B. advertising the program;

C. processing applications, and presenting a list of eligible candidates to the committee;

D. administering the loans, including:

(1) disbursing funds;

(2) keeping records on borrowers and processing of contracts;

(3) administration of and record keeping of loan repayments;

(4) record keeping of location and time of service of student loan recipients; and

(5) verification of qualification for forgiveness for service.

N.M. Admin. Code § 5.7.32.11

5.7.32.11 NMAC - N, 1/15/2008